Industrial

American Compressed Steel, Inc.

Western Reserve acted as exclusive financial advisor to American Compressed Steel Inc. (“ACS”) in its sale to The David J. Joseph Company (“DJJ”), a wholly owned subsidiary of Nucor Corporation (NYSE:NUE).

Founded in the 1930s and based in Kansas City, Missouri, ACS was purchased in 1974 by Maurice Warshawsky and his sons. It has since grown to become a leading Midwest scrap metal processor. With three strategically located Missouri-based facilities, ACS processes both ferrous and nonferrous scrap, with a focus on industrial accounts.

ACS’ shareholders elected to explore a potential sale of the company and identify a partner with the resources to support the management team’s growth plans. ACS retained Western Reserve as its exclusive investment banker who advised the company through a highly confidential, but competitive, process.

ACS was acquired by DJJ in August 2008. Headquartered in Cincinnati, Ohio, DJJ is a world leader in scrap processing and trading. The company provides a full line of metal-related services, including procurement services for scrap consumers, ferrous and nonferrous scrap trading and processing and international scrap and substitutes marketing. Immediately preceding its acquisition of ACS, DJJ acquired and renamed ACS’ primary competitor, Galamba Metal Group, LLC to Advantage Metals Recycling, LLC. Post-transaction DJJ combined the operations of ACS and Advantage Metals and is expected to benefit from the synergies of the two companies, including significant cross-selling opportunities and the ability to provide an expanded variety of services to its customers. Arnold Warshawsky, Jeffrey Ross, Anthony Ross and Allan Ross, who helped acquire ACS with their father/step-father, continue to play an active role in the company and oversee its daily operations.

Anthony Ross, Vice President of ACS, said, “We are pleased with Western Reserve and their commitment to obtaining the highest value for ACS’ shareholders. As advisors, they successfully helped us in evaluating and selecting a great strategic partner whose corporate culture fits well with our values. Western Reserve’s dedication to providing quality and timely client service pervades within the entire firm, and we are fortunate to be represented by advisors of such high caliber.”

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The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others.The testimonials are not paid and are not indicative of future performance or success.

American Consumer Products Inc.

Consumer

Distributor of keys, knives, gloves and house numbers to hardware retailers

Sold to: Vista 2000, Inc. (Roswell, GA)

American Consumer Products Inc. (Sharon Fastener Company division)

Services

Distributor of fasteners to hardware retailers

Sold to: Pawtucket Fasteners, LP (Pawtucket, RI)

American Greetings Corporation

Consumer

Designer, manufacturer, marketer and retailer of seasonal and everyday greeting cards and other social expression products

$260 million placement of senior subordinated debt

American Greetings Corporation

Consumer

Designer, manufacturer, marketer and retailer of seasonal and everyday greeting cards and other social expression products

$150 million placement of senior convertible notes

American HomePatient Inc.

Healthcare

Nationwide provider of home health care services

Financial advisor for unsecured creditors’ committee; co-proponent with the company of reorganization plan providing 100% payment on unsecured claims

American Italian Pasta Company

Consumer

Manufacturer and marketer of branded and private label dry pasta

Provided strategic advisory services

American Precision Industries Inc.

Industrial

Multi-national manufacturer of high performance precision motion control products and systems and heat transfer equipment

Sold to: Danaher Corp. (Washington, DC); provided fairness opinion

American Roll Formed Products

Industrial

Manufacturer of roll formed products

Provided valuation services

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WESTERN RESERVE PARTNERS, a division of Citizens Capital Markets, Inc., provides M&A, capital raising and other financial advisory services to middle market companies across a focused set of industry verticals. We deliver thoughtful advice, keen market insight and superior execution to our clients, both nationally and internationally, and our managing directors average nearly 30 years of experience and have directly executed more than 600 transactions throughout their careers.

Western Reserve Partners is a part of Citizens Financial Group, one of the oldest and largest financial institutions in the U.S. Also, as a member of Oaklins, the world’s most experienced mid-market M&A advisory organization, Western Reserve Partners has unparalleled access to global companies and investors.